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4023 S Amherst Hwy, Madison Heights, VA 24572

1.26 acre commercial land parcel with high visibility.

Property SizeContact for details
Days on Market1125

Property Features for 4023 S Amherst Hwy

General Information

Standard status Active
Property type Commercial land, Land, Office Spaces, Retail properties & Spaces, Other office properties, Other retail properties, Commercial real estate
Listed By: Chip Duff
Added: Aug 15, 2023 Changed: Jul 27

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office HVAC Service Parking Lot & Garage Building Supply Electrical Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

Demographics for 24572, VA

16,399
Population
7,415
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
90%
High-School Grad
66.3 sq mi
ZIP Area
247
Density / Sq Mi
$64,158
Median Household Income
$41,732
Median Earnings
$837
Median Rent
$187,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.26 acre commercial land parcel with high visibility.
Where is this commercial land located?
The property is located at 4023 S Amherst Hwy Madison Heights, VA.
More about this property
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